Dassault Aviation société anonyme (OTCMKTS:DUAVF) Shares Down 7.6% – Here’s What Happened

Shares of Dassault Aviation société anonyme (OTCMKTS:DUAVF) were down 7.6% on Monday . The stock traded as low as $344.28 and last traded at $344.28. Approximately 42 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 350 shares. The stock had previously closed at $372.70.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Dassault Aviation société anonyme to a “hold” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Dassault Aviation société anonyme Stock Performance

The stock has a market cap of $26.39 billion and a PE ratio of 6.25. The business has a 50-day moving average of $359.29 and a 200 day moving average of $359.14.

About Dassault Aviation société anonyme

Dassault Aviation société anonyme is a French aerospace company specializing in the design, manufacture and support of military combat aircraft and business jets. The company operates two primary divisions: a defense arm that develops and produces fighter and unmanned combat vehicles, and a civil aviation arm known for its Falcon family of high-performance executive aircraft. Dassault Aviation serves both national armed forces and corporate operators worldwide, offering turnkey solutions that include aircraft sales, maintenance, training and mission support services.

Founded in 1929 by aeronautical engineer Marcel Bloch (later known as Marcel Dassault), the company established its reputation in military aviation with iconic programs such as the Mirage series of jet fighters.